Bitgreen, the company building blockchain’s epicentre for sustainability, prepares to launch the first phase of its layer-1 network built to empower climate-action initiatives. The company’s operations follow a fully subscribed $5 million Reg CF crowdfunding raise on the Republic platform, reaching its goal in under four hours.

Nilos provides the one-stop shop for businesses to connect crypto wallets, bank accounts and PSPs and manage all their treasury operations such as tracking incomes, reconciling money flows and making payments across crypto and fiat seamlessly.

Investment technology firm Jacobi Inc. has announced it has raised $10m USD in Series A funding, led by Queensland Investment Corporation (QIC)

Jacobi Inc. (Jacobi) will use the funding to further accelerate the development of the Jacobi platform and expand its team and clientele globally.

Capita plc (‘Capita’) today announces that it has agreed to sell Pay360 Limited (‘Pay360’) to Access PaySuite, a division of The Access Group (‘Access’) in a deal that values Pay360 at £150m on a cash-free, debt-free basis, representing a 14.3x multiple on 2021 EBITDA of £10.5m.

 In 2015, Ubiquiti Networks, a wireless network hardware manufacturer, wired $46.7 million to fake vendor accounts worldwide. The method used by the criminals was deceptively simple: a technique called “CEO fraud” or “business email compromise.”

PCI Pal®, the global SaaS provider of secure payment solutions for business communications, has announced the launch of its Pay By Bank open banking solution for contact centres. It is the first in a series of new agent-assisted, digital payment products that enable merchants to minimise the cost of transactions, and provide instant refunds – all while reducing fraud risk and chargeback costs.

FV Bank, the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services to fintech and blockchain firms, has today announced the launch of a new service for FV Bank account holders: the ability to instantly and automatically convert Circle’s USD Coin (USDC) into USD at the moment of deposit. 

Today Refinitiv commences publication of forward-looking term rate versions of its ARRC recommended fallback rates - USD IBOR Cash Fallbacks.

Outseer, the global leader in payments authentication and monitoring solutions, has published its latest 1H 2022 Outseer™ Fraud & Payments Report,
showing the alarming power of social engineering and Authorized Push Payment (APP) fraud, with 75% of fraudulent online banking payments activity (based on $ value) originating from trusted accounts on trusted devices. This suggests that consumers are unwittingly parting ways with their money, having been duped by fraudsters’ scams.
 

TS Imagine, a global leader in trading, portfolio, and risk management solutions for capital markets, today announced three executive leadership hires to support the firm’s rapid growth.